European Session: Dollar Back In The Ranges As Risk Appetite Oscillates





G10 Advancers and Decliners vs USD
JPY 0.33
EUR -0.44
GBP -0.45
CHF -0.47
Right on cue, the next whim of risk aversion has kicked in just as EURUSD looked to be on the brink of threatening the top end of its range at 1.5000. The catalyst today has been a poor session for Asian equities, prompted in part by Standard & Poor’s bleak assessment of Japanese banks; citing Sumitmo Mitsui and Mitsubishi UFJ as among the banks with the weakest capital. The Shanghai…

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